RE: Dow Amendment

Stuart, I have reviewed your comments and incorporated as appropriate. Please review attached. The following are my comments on your changes that I did not accept:

1. The replacement of Section 3.1 and 3.2 with Section (a), (b), etc. is confusing, but unfortunately the September 1, 2000 amendment already made this replacement. I am staying with that format.

2. Since the Original Agreement was awkardly amended in September of 2000, I think the references to the "Original Agreement as amended by Amendment #2" are helpful, so l retained them.

Let me know if you have any questions. I am OK to send this to Dow if you are.

-----Original Message-----
From: Zisman, Stuart
Sent: Friday, December 28, 2001 3:13 PM
To: Nemec, Gerald; Redmond, Brian
Subject: RE: Dow Amendment

Attached are my comments. Obviously, I haven't reviewed the original lease so I am providing comments from a less than optimal vantage point.

Regards

Stuart

<< File: Dow Lease SRZ Comments.doc <<

-----Original Message-----
From: Nemec, Gerald
Sent: Friday, December 28, 2001 11:51 AM
To: Zisman, Stuart; Redmond, Brian
Subject: Dow Amendment

Attached is a draft of the Dow Amendment. I used portions of their proposed amendment which they sent of August 8. Date and prices are left blank for negotiation. Let me know if you have any questions.

<< File: Dow Amd.doc <<